Browsing by Author "NAGRIWUM TIMOTHY MASUNI"

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    Assessing the determinants of internal audit effectiveness in some selected higher learning institutions in Ghana
    (knust, 2021) NAGRIWUM TIMOTHY MASUNI
    Public finance management’s effectiveness is very significant for achieving economic stability and growth thus reducing poverty in the country’s economy. Lack of effective management of financial resources might result to poor operational performance, reduce effectiveness and also decrease the financial stability of public sectors. Public officials are therefore expected to recruit individuals with financial knowledge and capabilities to undertake effective auditing to help promote and enhance efficiency in business activities. Thestudy sought to assess the determinants of internal audit effectiveness in some selected higher learning institutions in Ghana. The study adopted quantitative research approach and survey questionnaire. The filed data were analyzed using SPSS version 23. The study found that 79.6% changes in internal audit effectiveness were explained by the independent variables used in the study, the remaining 20.4% changes in internal audit can be related to other factors which were not considered in the study. The study found that internal audit staff competency is a significant determinant of effectiveness of internal audit; independence of internal audit is a significant determinant of internal audit effectiveness; and management support of internal auditing is a significant determinant of internal audit effectiveness. The study recommends that internal auditors should be professionals, proactive, have sufficient and professional knowledge, attend regular educational seminars and ensure effective interactions with their management to enable them enhance the competencies of internal audits operations in the public sector.